Articles

Is there a good time to buy a new car? BBB says ‘yes’


(CG) TIME NOW FOR EYEWITNESS NEWS CALL 12 FOR ACTION… IF YOU’RE IN THE MARKET FOR A NEW CAR, YOU’VE PROBABLY SPENT TIME SEARCHING FOR THE BEST DEAL. (MM) AS EYEWITNESS NEWS CONSUMER REPORTER SUSAN CAMPBELL FOUND OUT.. WHEN YOU SHOP MATTERS. INTRO – THE BETTER BUSINESS BUREAU SAYS THERE ARE WAYS TO SAVE MONEY AND EVEN ENJOY THE CAR SHOPPING EXPERIENCE. YOU JUST HAVE TO DO A LITTLE HOMEWORK. IF YOU’RE LOOKING FOR A NEW RIDE… YOUR TIMING MATTERS. (Paula Fleming, Better Business Bureau) 11:01:35 the best time of the month to purchase a car is always at the end of the month b/c the sales people are trying to meet their quota. :41 BUT BEFORE YOU HIT THE CAR LOT… THE BETTER BUSINESS BUREAU’S PAULA FLEMING SAYS IT’S IMPORTANT TO DO SOME ONLINE SHOPPING. 11:01:43 do research. Be prepared. Know what you’re looking for. So If it’s an SUV, do some comparison shopping. What is the Kelly blue book value? What is the value at different dealerships around. are the dealerships reliable, credible, and ethical? :01 ACCORDING TO THE FEDERAL TRADE COMMISSION… CAR DEALERS ARE OFTEN WILLING TO BARGAIN ON THEIR PROFIT MARGIN… SOMETIMES BETWEEN 10 AND 20 PERCENT. THE FTC SAYS THAT’S USUALLY THE DIFFERENCE BETWEEN MSRP – THE MANUFACTURER’S SUGGESTED RETAIL PRICE AND THE INVOICE PRICE.. WHICH IS THE MANUFACTURER’S INITIAL CHARGE TO THE DEALER. SO ONCE YOU’RE ARMED WITH INFORMATION… AND YOU HAVE YOUR BUDGET IN MIND… YOU’RE READY TO GO TO THE DEALERSHIP. 11:02:06 if you’re not happy with the sales person when you walk in, ask for another sales person. everyone always thinks of the car process, car buying or leasing process as negative. We really want to turn that around. It can be a fun experience. IF YOU’RE PLANNING TO TRADE IN YOUR OLD VEHICLE…. THE FEDERAL TRADE COMMISSION SAYS… YOU SHOULD ONLY DISCUSS THAT WITH THE SALES PERSON AFTER YOU’VE NEGOTIATED THE BEST PRICE FOR YOUR NEW CAR. OUTRO – THOUGH IT WILL TAKE A LITTLE MORE LEG WORK… THE FTC SAYS YOU WILL LIKELY MAKE MORE MONEY IF YOU SELL YOUR OLD CAR ON YOUR OWN. FINANCING IS ALSO AN IMPORTANT PART OF THE CAR BUYING PROCESS. WE HAVE MORE INFORMATION ON THAT RIGHT NOW ON OUR WEBSITE, WPRI.COM. IF YOU HAVE A CONSUMER PROBLEM YOU NEED HELP SOLVING, CONTACT OUR CALL 12 FOR ACTION CENTER M-TH FROM 11-1. OUR HOTLINE IS 228-1850. I’M SC EWN.

Tagged

Leave a Reply

Your email address will not be published. Required fields are marked *